saicho said:
lives in Toronto now but I used to live in Waterloo. My parents still lives in Beechwood area. Fischer Hallman and Victoria is more 5 min from RIM building. You are speeding :) OT: I agree that RIM will probably have the same fate as Palm. At least RIM is still profitable and has no debt. I wonder what will happen to Netflix now, the company can do no wrong for the last 2 years (kind of like RIM a few years back) and now suddenly in trouble. |
Netflix is a bit different of a beast.
In RIM's case, they had few major competitors and dominated the smartphone market between 2002 and 2008. iOS took out their game when it came to applications which allowed them to have far more business features than a piecemeal market place. When Android came out, it took their other market which was the fact they were *the* smart phone you could buy at every carrier in the US. So essentially both companies have taken what BlackBerry did, and made it much better....All without RIM reacting.
In Netflix's case, they've simply bungled everything possible. They took on streaming which is a fantastic idea, albiet with lots of hurdles. I understand the need to charge a different price for it, but the way they've handled it is abysmal. They should have explained that streaming costs were a totally different beast, and in order to keep adding new shows and channels, they had to charge more. I don't think people are PO'ed that they are charging more, but how they essentially went about it saying "Oh, your going to pay SO MUCH LESS NOW" and druming up their PR to allude to this fallacy. They now have a lot of ill-will with their customers, especially after totally separating the DVD mailers from the streaming, which were a huge boon to both businesses. They succeded together, now they will die separate deaths.
Back from the dead, I'm afraid.
